2021 May 12
"Madison, agreeing with the journal of the convention,
records that the grant of power to emit bills of credit
was refused by a majority of more than four to one.
The evidence is perfect; no power to emit paper money
was granted to the legislature of the United States."
"The Federal Reserve Bank is nothing but a banking fraud and an unlawful crime against civilization. Why? Because they "create" the money made out of nothing, and our Uncle Sap Government issues their "Federal Reserve Notes" and stamps our Government approval with NO obligation whatever from these Federal Reserve Banks, Individual Banks or National Banks, etc."
"Historically, the United States has been a hard money country.
Only [since 1913] has the United States operated on a fiat money system.
During this period, paper money has depreciated over 87%.
During the preceding 140 year period, the hard currency
of the United States had actually maintained its value.
Wholesale prices in 1913... were the same as in 1787."
2021 May 11
"Since the federal constitution has removed all danger of our having a paper tender, our trade is advanced fifty percent. Our monied people can trust their cash abroad, and have brought their coin into circulation."
"Endless money forms the sinews of war."
“Government price-fixing once started, has alike no justice and no end.
It is an economic folly from which this country has every right to be spared.”
2021 May 10
"Don't let your mouth write no check that your tail can't cash."
"By virtue of exchange,
one man's prosperity is beneficial to all others."
"He who will not economize will have to agonize."
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